Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/48039/000004803916000090/hfc12-31x201510k.htm
March 2022
March 2022
February 2022
January 2022
January 2022
December 2021
December 2021
November 2021
November 2021
November 2021
Press Release February 24, 2016 | ![]() |
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/48039/000004803916000090/hfc12-31x201510k.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Hollyfrontier Corp.
Hollyfrontier Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2016 10-K Annual Report includes:
Rating
Learn More![]()
Operating expenses, exclusive of depreciation and amortization, decreased 7% from $1,144.9 million for the year ended December 31, 2014 to $1,060.4 million for the year ended December 31, 2015 due principally to a year-over-year decrease in repair and maintenance and natural gas fuel costs and lower environmental accruals compared to 2014.
Operating expenses, exclusive of depreciation and amortization, increased 5% from $1,090.9 million for the year ended December 31, 2013 to $1,144.9 million for the year ended December 31, 2014 due principally to higher year-over-year repair and maintenance and natural gas fuel costs and increased environmental accruals, partially offset by $31.7 million in pension settlement costs incurred during 2013.
Additionally, further decreases in overall inventory values could result in additional charges to cost of products sold should the lower of cost or market inventory valuation reserve be increased.
Total cost of products sold decreased 41% from $17,625.9 million for the year ended December 31, 2014 to $10,466.2 million for the year ended December 31, 2015, due principally to lower crude oil costs and a $170.5 million year-over-year decrease in lower of cost or market inventory valuation charges, partially offset by higher sales volumes of refined products.
A prolonged, moderate decrease in operating margins could potentially result in impairment to goodwill allocated to our Cheyenne reporting unit.
This amount, or a portion...Read more
Net income decreased due principally...Read more
Net income attributable to HollyFrontier...Read more
Changes in working capital items...Read more
Changes in working capital items...Read more
In addition, components of our...Read more
This spending is required due...Read more
Non-cash adjustments to net income...Read more
Overall gross refining margins per...Read more
This is attributable to overall...Read more
At December 31, 2015, we...Read more
At December 31, 2015, HEP...Read more
Net cash flows used for...Read more
Net cash flows used for...Read more
Net cash flows provided by...Read more
Such a reduction to cost...Read more
Non-cash adjustments to net income...Read more
This was due to the...Read more
This was due to a...Read more
Refinery gross margins for the...Read more
Gross refinery margin per produced...Read more
General and administrative expenses increased...Read more
Cost of products sold decreased...Read more
Gross refinery margin per produced...Read more
Refinery gross margins for the...Read more
Cash expenditures for properties, plants...Read more
Cash expenditures for properties, plants...Read more
Also for the years ended...Read more
For the years ended December...Read more
The Cheyenne Refinery capital spending...Read more
Depreciation and amortization decreased 5%...Read more
The following tables set forth...Read more
costs of crude oil and...Read more
By means of its cash...Read more
A significant portion of our...Read more
At December 31, 2015, outstanding...Read more
of outstanding borrowings under the...Read more
Additionally, improved operational reliability, cost...Read more
Such impairment charges could be...Read more
The average price we paid...Read more
Excluding this non-cash adjustment, the...Read more
Net income attributable to HollyFrontier...Read more
Pursuant to the 2007 Energy...Read more
As of December 31, 2015,...Read more
Sales and other revenues decreased...Read more
Sales and other revenues decreased...Read more
In addition, the use of...Read more
The following sensitivity analysis provides...Read more
Cash and cash equivalents decreased...Read more
An additional investment of $20.0...Read more
During 2015, we recognized a...Read more
Less net income attributable to...Read more
We periodically enter into derivative...Read more
This decrease was due principally...Read more
This decrease was due principally...Read more
We maintain various insurance coverages,...Read more
At December 31, 2015 and...Read more
EBITDA is not necessarily comparable...Read more
Additionally, net income for the...Read more
We believe our current cash...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Hollyfrontier Corp provided additional information to their SEC Filing as exhibits
Ticker: HFC
CIK: 48039
Form Type: 10-K Annual Report
Accession Number: 0000048039-16-000090
Submitted to the SEC: Wed Feb 24 2016 3:48:50 PM EST
Accepted by the SEC: Wed Feb 24 2016
Period: Thursday, December 31, 2015
Industry: Petroleum Refining